Market news
05.08.2022, 07:42

US Secretary of State Blinken: China's provocative actions a significant escalation

US Secretary of State Anthony Blinken is on the wires again, via Reuters, saying that “China's provocative actions a significant escalation.”

Additional quotes

United States has told China repeatedly it does not seek a crisis

Pelosi's visit was peaceful, no justification for China’s extreme response

No justification for China’s "extreme disproportionate and escalatory" response to Pelosi visit

Serious concerns that actions by Beijing will destabilise entire region

United states will stick by allies in region

We will fly, sail, operate wherever international law allows

United states will not be provoked by China’s actions

US will continue to make maritime transits through Taiwan strait

US defense secretary has ordered that USS Reagan will remain on station

We will continue to press the regime to release those unjustly detained in Myanmar

Russia visit to Myanmar flies in the face of Asian’s efforts to achieve peace

We stand in strong solidarity with Japan over China’s dangerous actions

We have open lines of communication with China

Reiterated position that China should not use Pelosi’s visit as pretext for provocative actions

Question of Pelosi’s visit came up when he spoke to China’s foreign minister Wang Yi in Bali last month

No possible justification for what China has done after Pelosi visit to Taiwan, have urged Beijing to cease such actions

Nothing inevitable about crisis, conflict; incumbent upon us and China to act responsibly

We won't take actions to provoke a crisis

We've said all along that the differences between mainland and Taiwan need to be resolved peacefully, not by force

Last thing countries in region want is to see differences resolved by force

What we don't want are efforts by any country including China or Russia to disrupt intl peace and security

Expects other countries will join US Indo-pacific economic framework

Market reaction

Markets remain cautiously optimistic so far this Friday, reflective of the 0.14% gains in the S&P 500 futures. Meanwhile, the US dollar index clings onto its recovery gains near 105.85, adding 0.15% on the day.

© 2000-2024. All rights reserved.

This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

The information on this website is for informational purposes only and does not constitute any investment advice.

The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.

AML Website Summary

Risk Disclosure

Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.

Privacy Policy

Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.

Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.

Bank
transfers
Feedback
Live Chat E-mail
Up
Choose your language / location